Case Studies - Best Offers

Lloyds Bank, Minster Place, Ely, Cambridgeshire CB7 4EN

A London agency was instructed to sell this attractive freehold investment let to Lloyds Bank Plc at an asking price of £730,000.

The investment was marketed on the 6th of March at an asking price of £730,000. Due to the level of interest generated, an online clicktopurchase® “Best Offers” was announced to occur on the 1st of April at 1pm.

4 parties submitted online clicktopurchase® offers by the deadline, and as soon as instructions were obtained, the top offer was accepted and an instant online clicktopurchase® exchange occurred in excess of £1,000,000 reflecting 4.5% NIY.

Moin Na Ri, Kilworth, Co Cork, Ireland

An Irish agency was instructed to sell this investment in November 2017 .An online clicktopurchase® “Best Offers” was announced to occur on the 1st of November at 3pm.

Parties submitted their online clicktopurchase® offers by the deadline. As soon as instructions were obtained, the top offer was accepted and an instant clicktopurchase® exchange occurred. The guide price was exceeded.

Another demonstration of how clicktopurchase® removes the uncertainty of being “under offer”, for both buyer and seller.

Rear of 57,59,61 Bath Avenue, Sandymount, Dublin 4, Ireland

An Irish agency was instructed to market this investment in Dublin in November 2017. All the interested parties were invited to submit their online clicktopurchase® “best offers” to treat by the 23rd of November at 12pm.

The top offer was accepted online and an instant contract was formed. The guide price was €1,220,000 which was exceeded.

A demonstration of speed and certainty provided by clicktopurchase®

Office Premises at New Cork Road, Bandon, Ireland

An Irish agency was instructed to market this office investment in Cork in November 2017, guiding €750,000. An online clicktopurchase® “Best Offers” was announced to occur on Thursday the 23rd of November at 3pm.

Four parties bid and as soon as instructions were obtained, the top offer was accepted and an instant clicktopurchase® exchange occurred.

A demonstration of speed and certainty provided by clicktopurchase®

23 New Road, Willenhall, UK

A London agency was instructed to sell this retail investment let to Poundland. Interest was received from a wide variety of potential purchasers which resulted in the sale being concluded by an online clicktopurchase® “best offers” shortly into marketing. The top online offer submitted, which was above the asking price, was accepted shortly after the deadline resulting in an instant online exchange of the sale contract.

Jewson, 3 Rosebridge Way, Wigan, UK

A London agency was instructed to market this trade counter investment let to Jewson, quoting £1,320,000. Marketing commenced on 4th December 2017 and in response to early interest generated, all the interested parties were invited to submit their online clicktopurchase® “best offers” to treat by 11am on Friday 15th December 2017. Four parties bid by the deadline and at 11.25am the top offer of £1,480,250 was accepted online and an instant contract was formed. Just 10 working days from marketing to exchange online after a tender.

437 Uxbridge Road, Ealing Common, London W5 3LD

A London agency was instructed to market this retail investment in London in Jan 2014. In response to interest generated, all the interested parties were invited on day four to submit their online clicktopurchase® “best offers” to treat by 4:00pm the following day. Six parties bid and at 4:20pm the top offer was accepted online and an instant contract was formed. Just five days from marketing to exchanging online after a tender.

Commercial Road, London

A London agency was instructed to sell a freehold ground rent investment and a long sub-leasehold interest within the same property. The flexibility to opt to close the sale by clicktopurchase® best offers and the competition thereby created produced the following: • 16 clicktopurchase® private treaty offers submitted• Total consideration in excess of £20m • Ground rent sold for a yield sub 3% • Leasehold investment to Bathstore sold sub 4.5%

Busy Bees, Welwyn Garden City, Hertfordshire AL7 1TN

A London agency were instructed to sell this day nursery investment let to Busy Bees Nurseries. An online clicktopurchase® “Best Offers” was announced to occur on 3rd August at 3pm. 15 parties submitted online clicktopurchase® offers by the deadline, totalling approximately £14 million. As soon as instructions were obtained, the top offer was accepted and an instant clicktopurchase® exchange occurred.